Saturday, March 10, 2012

 

The "Success" of Obama's Economic Recovery Plan

A little over three years ago, the Obama administration released document outlining the dire future of the economy if their economic plan wasn't adopted. The document included the chart below without the notes in orange.



Not only is the recovery, in terms of unemployment, doing worse than predicted, it's doing worse than predicted than if nothing had been done. The logical conclusion is that Obama's plan turns out to be worse than having done nothing. To paraphrase a previous president, Great job, Barry.

More HERE, including "the broader, U-6 measure of unemployment which includes the discouraged plus part-timers who wish they had full time work. That unemployment rate, perhaps the truest measure of the labor market’s health, is still a sky-high 14.9%."

Of course, the Democrats don't want an economic recovery. The more people living well and not depending on government programs, the fewer votes Democrats get. This is why they work so hard to convince everyone to believe in the religion of big government. You need government for your birth control, your health care, to watch your diet, to protect you from your feelings getting hurt, to make sure everything is "equal," even though that equality is on the lowest level. Meanwhile, the Obama and the other fat cats live better than royalty.

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